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Breaking: ISM Pulls Down Numbers From Site; Index Stays at 50.9

Published 02/03/2020, 12:30 PM
Updated 02/03/2020, 12:51 PM
© Reuters.
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Investing.com - The Institute of Supply Management removed its data on January manufacturing released Monday morning, saying the number was being updated, but later clarified its headline number remained the same.

  • “Historical Number is being updated, come back later today or contact Jessica Boyd at 480-752-6276,” ISM first said on its website.
  • It later clarified that "PMI remains unchanged at 50.9%."

  • At 10:00 AM ET (15:00 GMT), the ISM said its January manufacturing PMI rose strongly to 50.9, beating expectations for a rise to 48.6.

    • The index rising to its highest level since August was a big reason for the market’s surge in early trading. The S&P 500 rose 0.8% in midday trading.

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